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're not directly getting at that. >> i think the carbon tax makes enormous sense to do with the environment impact of energy use. you can design one in a way that does not cause too much harm for american industries that compete with folks abroad. consumption tax, there are things you can do to treat the income tax to make it look more like a consumption tax. >> i want each of you to give me your thoughts at the end of the day, what do you think the tax code will look like with his conversations between the cop -- between the president speaker boehner are done? >> i think we will have slightly higher marginal tax rates on some high-income tax -- and these 1 high income tax payer. i think there will be a variety of tax exclusions and deductions that are scaled back modestly. >> if scaled-back means capped in some way, i agree completely. rex i think we will see some of those things will back. the top rate will be either 39.6 or 35. it will be somewhere in between. >> we have some common ground here among our economists. thank you, a gentleman for joining us. thank you all. i appreciate the peterson
-- there might be a t.a.r.p. like environment where we do go over the cliff, the cliff, whatever that means, exactly, but we don't hit the first set of deadlines. something doesn't pass the first time, but then eventually some of the members of both sides are brought to heal by the prospect of -- >> the real -- not just the pending doom but doom actually present in their laps for a second. that seems like a possible scenario to me. i do think there still is, despite all sharp rhetoric, i still think on the republican side, which is so critical, this notion of the other thing you heard throughout all of the commentary for the last week and over the weekend is that the implications of the election still are -- is sinking in. republicans still -- you see with this continued criticism of romney's comments and so on. that's still setting? >> all right. you mentioned benghazi. let's go to the developments there in the on going controversy over the administration's response to the attack on the u.s. consulate in bengha benghazi. members of congress are now vowing to find out why the cia's conclusi
. that is a real scoop in an environment where there are no deals, david brought us a very good scoop. >> that's why you haven't participated in any of this. there are no other deals. this was the only one. >> not many needles in the hay stack. >> david found the only one. thank you for bringing it here, david. boyd jeffries name. >> what was it exposure in europe? >> egan had all sorts of rhymes and reasons for that company falling apart. >> we'll talk about shipping right now, from i-phones to apparel, cnbc's senior talent producer, lori ann larocco, our staff, incredible producer and her book "dynasties of the sea," and lori ann, reading through this, we know how important shipping is, we talk about it every day but there were things i didn't realize how much of the things in our homes are brought to us from ships. >> 92% of everything in a household has been on a ship and ever since superstorm sandy we've all realized how important shipping is as we're all going through this gasoline crisis. it's really amazing in terms of the wide breadth that the shipping industry has on the economy. >>
Search Results 0 to 2 of about 3